|
ProfitPay® Overview
Distribution
Relationship Management®
Reshare’s Patented Distribution Relationship Management® (DRM)
Software performs two functions when an online purchase is made on a manufacturer’s
website. First, DRM calculates the net profit channel partners would have
received had the purchase been made offline. Second, having calculated
how much money is due various channel partners, DRM creates an instruction
to a bank, manufacturer’s ERP system, or third party to distribute
the funds to the respective channel partners. Transactional revenues can
be disbursed to individual channel partners at specific time intervals
and/or when a pre-determined minimum balance is reached.
ProfitPay®
ProfitPay® Revenue Disbursement Service is an optional service of
ProfitPay, LLC, available to manufacturers who want a third party to handle
the distribution of profits calculated by DRM to their channel partners.
Profits are deposited into a FDIC insured escrow account on behalf of
the manufacturer and distributed to their channel partners under agreed
upon terms in any or all of the three following methodologies:
- Paper Check
- Electronic Funds
Transfer
- Loaded Debit Card
Transaction charges
are based on the methodology(s) the manufacturer chooses. Rewards programs
can also be integrated into the system.
Can’t
decide which methodology to use? Let us Help.
Paper
Check
- Clear, tangible
demonstration of profits generates excitement & support
- Creates Media
Space – voucher checks and inserts can include personalized promotional
messaging, advertisements, etc that encourage increased and continuing
business from and through partners
- Check depositing
and clearing process keeps money in your account longer
Electronic
Funds Transfer
- Eliminates paper-based
& postage costs
- Expeditious
- Accurate &
Secure
Loaded
VISA®/MasterCard® Debit Card
- Creates Media Space
(see Paper Check above)
- May be branded
with logo
- Reloadable and
reuseable by manufacturer and/or user, offering users features similar
to those of credit cards.
- Easily integrated
with loyalty and rewards programs
- Universally accepted
Payroll
Reporting
ProfitPay, LLC,
will also prepare year end employee commission or contractor 1099 information
for import to your ERP, Payroll or other accounting system and/or output
to any number of tax preparation software programs or companies.
|
